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David Krechevsky

Editor

David Krechevsky was an editor at NMP.

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Rising Rates Reduce Quality Refi Candidates To 3.8M

Black Knight says that with rates rising to levels not seen since May 2019, millions of borrowers are losing 'rate incentive' to refinance.

Feb 18, 2022
Fannie Mae Expects Growth To Slow As The Fed Wrangles Inflation

Its Economic & Strategic Research Group says rising mortgage rates and even higher home prices will limit affordability.

Feb 18, 2022
New Housing Starts Fell 4.1% In January

Supply-chain issues, labor shortages cited as decline ends three straight months of increases.

Feb 17, 2022
SRE Mortgage Alliance Closed In 4Q 2021, All Staff Laid Off

Company president confirms wholesale division cuts; business now operating via SRE.com.

Feb 17, 2022
CFPB Launches New Way For Public To Petition For Change

The public can now submit directly to the CFPB petitions for rulemaking that will be posted on public dockets for review and comment.

MISMO Seeks Comment On Credit-Reporting Forbearance Guide

The new guide will enable parties to exchange credit-related data more securely, efficiently, and economically.

NAHB: Supply-Chain Issues Dampen Builder Confidence

Rising cost of construction materials, combined with rate hikes, seriously affecting housing affordability.

Feb 16, 2022
Freddie Mac To Launch Direct-Deposit Assessment Tool

The new, automated assessment tool will help reduce paper documentation so loans can close faster.

Feb 16, 2022
Feds Scold Appraisal Regulator Over Weak Anti-Bias Guidance

CFPB, 7 other federal agencies send letter to The Appraisal Foundation demanding clearer anti-discrimination language in proposed revisions to industry standards.

Building Materials Remain Top Challenge for Builders

NAHB/Wells Fargo Housing Market Index finds cost, availability of materials top concerns for single-family home builders.

Feb 15, 2022